316, CRESSING ROAD, BRAINTREE, CM7 3PG - £244,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

316 CRESSING ROAD is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £244,000 in August 2014, which was around 34% below the average August 2014 detached price in the Braintree local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

316 CRESSING ROAD Sold Prices

Land registry data shows two sales for 316 CRESSING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 316 CRESSING ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 1 AUG	£244,000	£370,585	34% below HPI
2013 27 SEP	£207,500	£336,232	38% below HPI

316 CRESSING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 316 CRESSING ROAD sales from September 2013 and August 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 316 CRESSING ROAD be worth now?

316 CRESSING ROAD might now be worth an estimated £380,865.

This is based on house price inflation of 56.1%, between August 2014 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.1% inflationary increase is applied to the most recent sale price for 316 CRESSING ROAD of £244,000 on 1st August 2014. For the value to have increased from £244,000 to £380,865 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 316 CRESSING ROAD has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2014 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 316 CRESSING ROAD has not materially changed since August 2014.

How Large is 316 CRESSING ROAD?

316 CRESSING ROAD is 77m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where 316 CRESSING ROAD lies on this distribution: 12% of detached houses houses are smaller than 316 CRESSING ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Braintree.

316 CRESSING ROAD: Plot and Title Map

316 CRESSING ROAD sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 316 CRESSING ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 316 CRESSING ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 316 CRESSING ROAD?

316 CRESSING ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 316 on CRESSING ROAD.